Laserfiche WebLink
in <br />ya <br />n N <br />K. <br />rt <� V � N m y O 1'Yi <br />l Z y N <br />m o � <br />\ c <br />N v S co <br />ty1 T On 1— M <br />1 N Q <br />State of Nebreaka Space Above This Line For Recording Data <br />REAL ESTATE DEED OF TRUST <br />(With Future Advance Clause) <br />Construction Security Agreement c- <br />1. DATE AND PARTIES. The date of this Deed of Trust (Security Instrument) isNov 26. 2002 <br />and the parties, their addresses and tax identification numbers, if required, are as follows: <br />TRUS'TOR: RICHARD L SOK and 30ANN A SOK. HUSBAND AND WIFE <br />832 SWEETWOOD <br />GRAND ISLAND, NE 68803 <br />E] If checked, refer to the attached Addendum incorporated herein, for additional Truators, their siymatmes mid <br />acknowledgments. <br />TRUSTEE: <br />Earl D Ahlschwede, Attorney <br />NE <br />BENEFICIARY: <br />Equitable Federal Savings Bank of Grand Island <br />113 -115 N. Locust Street Grand Island. NE 68801 -6003 <br />Organized and Existing Under the Laws of The State of Nebraska <br />2. CONVEYANCE. For good and valuable consideration, the receipt and sufficiency of which is acknowledged, and to <br />secure the Secured Debt (defined below) and Trustor's performance under this Security instrument, Trustor irrevocably <br />grants, conveys and sells to Trustee, in trust for the henefit of Beneficiary, with power of sale, the following described <br />Property: <br />LOT NINE (9). WESTWOOD PARK SUBDIVISION, IN THE CITY OF GRAND ISLAND. HALL COUNTY. <br />NEBRASKA <br />The property is located in <br />Hall at 832 SWEETWOOD <br />(C Rants) <br />GRAND ISLAND , Nebraska_. 68803 _ <br />(Add-,) (City) (ZIP Codc) <br />Together with all rights, easements, appurtenances, royalties, mineral rights, oil and gas rights, all water and riparian <br />rights, ditches, and water stock and all existing and future improvements, structures, fixtures, and replacements that may <br />now, or at any time in the future, be part of the real estate described above (all referred to as "Property"). <br />3. MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at any one time <br />shall not exceed $ 59, 500.00 . This limitation of amount does not include interest mid other <br />foes and charges validly made pursuant to this Security Instrument_ Also, this limitation does not apply to advances made <br />under the terms of this Security Instrument to protect Beneficiary's security and to perform any of the covenants <br />contained in this Security instrument. <br />4. SECURED DEBT AND FUTURE ADVANCES. The term "Secured Debt" is defined as follows: <br />A. Debt incurred under the terms of all promissory note(s), contrachs), guarmay(s) or other evidence of debt <br />described below and all their extensions, renewals, modifications or substitutions. (You must specifically ident fb <br />the debt(s) secured and you should include the final maturity date of such debt(s).) <br />A Line of Credit Agreement dated 11/26/2002 <br />NEBRASKA NOME EQUITY LINE OF CREDIT KEEN OF TRUST (NOT FOR rNMA, n1lMC, roA OR VA USE) ��• ( e 7 o d) <br />© 1994 6mean SV tsr$, I"o. 9t Ccud MN Form OCP- IRUI -NE 1113 NY <br />®® C665(NE) N902).02 SNAP MOST CAGE FORMS - (800)521 -]291 <br />Q, <br />